Comments on: Share broker eligible to claim bad debts as expense while computing taxable income http://taxguru.in/income-tax-case-laws/share-broker-eligible-to-claim-bad-debts-as-expense-while-computing-taxable-income.html Complete Tax Solution Sat, 26 May 2012 16:16:37 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Niraj http://taxguru.in/income-tax-case-laws/share-broker-eligible-to-claim-bad-debts-as-expense-while-computing-taxable-income.html#comment-417286 Niraj Wed, 15 Jun 2011 13:26:39 +0000 http://www.taxguru.in/?p=14437#comment-417286 Does it mean that a Share Broker who have earned 1 crore from brokerage on turnover of 100 crore & has written off bad debts of 1 crore will not be required to pay any tax as the profit it NIL? Does it mean that a Share Broker who have earned 1 crore from brokerage on turnover of 100 crore & has written off bad debts of 1 crore will not be required to pay any tax as the profit it NIL?

]]> By: Sanjiv Khanna http://taxguru.in/income-tax-case-laws/share-broker-eligible-to-claim-bad-debts-as-expense-while-computing-taxable-income.html#comment-8288 Sanjiv Khanna Tue, 08 Dec 2009 07:56:29 +0000 http://www.taxguru.in/?p=14437#comment-8288 Dear Sir/Madam, I am a Broker with NSE. My question is that do my clients have to deduct TDS on the contract/bills I give them for shares they buy/sell. Dear Sir/Madam,

I am a Broker with NSE. My question is that do my clients have to deduct TDS on the contract/bills I give them for shares they buy/sell.

]]>